Home › Oil forecast to reach $US80 by 2020 as output growth slows, says IEA
 

Keywords :   


Oil forecast to reach $US80 by 2020 as output growth slows, says IEA

2016-02-22 22:23:09| Oil & Gas - Topix.net

Fawad Razaqzada, a technical analyst in London for forex.com, expects US crude to test its March low of $US42.03 and Brent its January bottom of $US45.19. Oil prices will reach $US80 a barrel by 2020 as global oil supply growth is "seriously" plunging, the head of the International Energy Agency said, suggesting the light at the end of the tunnel for the energy industry is still far away.

Tags: says growth reach oil

Category:Energy and Environment

Latest from this category

All news
20.09AE Elemental Opens Advanced Lithium-Ion Battery Recycling Facility in Poland
20.09Ag-West Bio Invests in Saskatchewan Startup Focused on Diverting Waste From Landfills
19.09This Week in Waste: Top Stories September 16 September 19, 2024
19.09Milton, Fla. to End Recycling Program, Cites Contamination as Main Facto\
19.09Michigan Judge Blocks Delivery of Radioactive Waste from New York to Michigan
19.09HelloFresh, Denali Divert 4 Million Pounds of Pre-Production Food Waste from Phoenix Landfills
19.09KT Capital Acquires Majority Interest in Recycling Equipment Incorporated
19.09LRS Exchange MRF Wins 2024 NWRA Recycling Facility of the Year Award
Energy and Environment »
21.09Atlantic Tropical Weather Outlook
21.09Eastern North Pacific Tropical Weather Outlook
21.09Atlantic Tropical Weather Outlook
21.09Eastern North Pacific Tropical Weather Outlook
20.09Labelexpo Americas highlights, Maxcess announces acquisition and more
20.09September Cattle on Feed as expected
20.09USDA announces major investment in meat and poultry processing
20.09Atlantic Tropical Weather Outlook
More »